The Government Housing Bank (GHB) is offering up to Bt1,000 cash back to customers with good repayment records as a new year gift, bank president Chatchai Sirilai said.

Thailand currently has 220,000 residential units waiting to be sold, some sitting unoccupied for a considerable length of time, an official of the Government Housing Bank said at a seminar on the situation in the Northeast on Tuesday (October 29).